Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/26/2019

Yesterday there was increased buyer activity, but will they be able to continue the recovery today?market?

BCH / USD

Yesterday, the BCH price set a minimum at 192.52 USD. From the minimum point, rather large purchases quickly restored the pair to the area of ​​215.00 USD.

It looks like today the 23.6% fib level (206.95 USD) will be able to provide support to the price, and the recovery will continue to the four-hour EMA55. 

However, at the moment, trading activity has decreased. If the lull in the market drags on, then the pair will lie in a narrow lateral range until the end of the day.

LTC / USD

Yesterday, the decline in the price of Litecoin stopped at around 42.00 USD. Buyers actively restored the pair above the 50% fib level (45.82 USD) and settled into consolidation. 

If this fibonacci level holds the price todayLTC from a decline, then the recovery may continue to the area of ​​the four-hour EMA55 (50.00 USD). If buyers do not show yesterday’s activity, the pair will get stuck sideways. 

EOS / USD

Yesterday, quite large volumes of purchases contributed to the price recovery to the area of ​​2.60 USD. 

Some recovery continued today, butalready at lower volumes. Buyers were able to reach the level of 2.652 USD. If buyer activity increases, they will restore the pair to the four-hour moving average EMA55 (2.80 USD). 

A decrease in activity in the market will lead to a rollback of the pair to the area of ​​2.48 USD. 

XLM / USD

Yesterday, despite rather modest purchase volumes, the Stellar price was able to test the resistance of 0.060 USD. It is not yet possible to stay above the Point of Control line. 

We believe that today will be the consolidation of the pair under the POC line (0.058 USD). If the buyer takes the initiative, then short-term growth is possible in the area of ​​average prices.